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Showing 3621 - 3630 of 14212 results for "Interest"

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia ...

Vanguard fund drops "cash plus" name

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
... managed funds advertising. Effective October 1, the Vanguard Cash Plus Fund will be renamed the Vanguard Short Term Fixed Interest Fund as the manager shifts to a more true-to-label name for the fund. "While there is certainly ASIC guidance on the naming ...

Technology can ease adviser red tape: Academic

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
... characteristic, she said, meaning that advisers have the responsibility to make judgements that will advance clients' interest - and what regulators should focus on. When it comes to tackling the question if the advice industry is able to regain ...

Morningstar upgrades four, downgrades 10

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Following a qualitative review of 69 Australian fixed-interest strategies, ratings house Morningstar has made 15 changes; including upgrades, downgrades, and dropping its coverage of one strategy. The changes are attributable to Morningstar's revised ...

Investor expectations pie in the sky: Schroders

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... years, down from the 10.9% in the last survey. Around three quarters of investors based their expectations on the current interest rates which is higher than those rates would traditionally allow. Schroders chief executive Chris Durack said: "Australians' ...

La Trobe launches new loan suite

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... the sale of their existing property. Instead of having to cover two repayments, La Trobe will combine the loans with an interest budget, meaning no repayments will be required while debt levels are high during the bridging period. La Trobe says the three ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The big four banks are set to face the House of Representatives Economics Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding ...

Female fund managers outperform men

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
Funds managed by female portfolio managers are outperforming those managed by men amid the pandemic-induced market turbulence, according to Goldman Sachs research. Some 43% of female-managed funds have outperformed their benchmark year to date, compared ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ...

AMP reviews business units

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... public markets), and creating a simpler, leaner business," AMP said. "However, AMP periodically receives unsolicited interest in its assets and businesses, and recently has experienced an increase in interest and enquiries." AMP said the increased interest ...